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224 5th St

Brainerd, MN 56401

3 bd 2 ba 1,030 sqft Built 1975 Lot 6,970 sqft single_family
Most recent sale
$147,000
Feb 4, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 14, 2025 Sold $193,000 NorthstarMLS
Nov 25, 2024 Listed $199,900 NorthstarMLS
Aug 9, 2022 Price changed $170,900 MLS #6230954
Jul 20, 2022 Price changed $174,987 MLS #6230954
Jul 7, 2022 Listed $179,900 MLS #6230954
Feb 4, 2021 Sold $147,000 MLS #5673316
Mar 20, 2020 Sold $135,500 MLS #5323553
Mar 2, 2020 Relisted $135,000 MLS #5323553
Feb 17, 2020 Listing removed $135,000 GreaterLakes
Oct 18, 2019 Listed $135,000 MLS #5323553

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $62,168 $836
2019 $49,900 $776
2018 $49,900 $806
2017 $31,187 $19,100 $50,287 $690
2016 $27,120 $16,260 $43,380 $668
2015 $26,900 $14,500 $41,400 $590
2014 $36,500 $601
2013 $30,100 $10,600 $40,700 $836
2012 $50,800 $12,700 $63,500 $889
2011 $51,400 $20,300 $71,700 $1,215
2010 $58,500 $22,000 $80,500 $1,256
2004 $56,500 $18,000 $74,500 $825

Property facts

Year built
1975
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,030 sqft
Lot size
6,970 sqft
ZIP code
56401
City
Brainerd
Street
5th St
Coordinates
46.35320, -94.21541

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,545
Gross rental yield
12.61%
Implied cap rate
8.20%
Trend-extrapolated value

Frequently asked questions

When did 224 5th St last sell?
224 5th St most recently sold on Feb 4, 2021 for $147,000.
What is the current tax assessment for 224 5th St?
The most recent total assessment for 224 5th St (year 2020) is $62,168 with $836 in property tax.
How does 224 5th St's assessment compare to its last sale price?
The current assessment is 57.7% below the last sale price of $147,000.
When was 224 5th St built?
224 5th St was built in 1975.
How does 224 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 224 5th St?
224 5th St is a 3 bed, 2 bath, 1,030 sqft, 6,970 sqft lot single_family.
Is 224 5th St a flip candidate?
No — 224 5th St does not appear in our flips dataset.
Is 224 5th St a tax-appeal candidate?
No — 224 5th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.6%
2026 Q3
$413.1K
2026 Q4
$419.2K
ZIP 56401 — Median Price History + Forecast

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